How to charge a processing fee on an application

How to charge a processing fee on an application

Overview


Client's often ask, "Can Access Granted Systems make the payment processing fee a pass through fee and make the applicant pay the fee?"  

Yes, but read carefully how it works.  

How the AGS Payment Processing Fee works

The AGS Payment Processing Fee is 4.9% +$1.  It is calculated based on the total money collected from the applicant.  


In this case, $106.20 is what the applicant pays. $106.20 is used to calculate the $6.20 AGS fee.  In this case, the $6.20 fee was added back into the application as a line item. 

How does this series of transactions get recorded in the community's account portal?
  1. $106.20 is credited to the community. 
  2. $6.20 fee is accessed to the community. $106.20 * 4.9% +$1 = $6.20.
Note: $100.00 is not credited to the community.  $106.20 is credited to the community, THEN a $6.20 fee is accessed.    

How AGS adds a line item called "Processing Fee" to an application?

In the above case, a calculation is used so exactly $100.00 is the net payout for this transaction.  But you can use any calculation you wish.   
    1. 5.0% + $1.00
    2. 5.5% + $1.50
    3. 2.9% +$0.30
    4. A % based on a subtotal
    5. A % based on a total
    6. $8.00 flat fee
    7. 5% if pay by credit card is used.  0% if pay by check is used.
    8. $1 per pass + $3 per household: Only if classic passes are printed and mailed.  
Contact your Access Granted Systems representative to change your custom application.